Which one of the following statements is accurate?

Question

Quizplus · Accepted Answer

While income inequality has increased in Europe over the past few decades, it is still generally lower than in the United States. The top 10 percent of wage earners in Europe do not necessarily control exactly 10 percent of the wealth, and the same is true for the top 10 percent in the United States. However, studies have shown that the top 10 percent of wage earners in the United States do control a significantly larger share of wealth (around 70 percent) than their counterparts in Europe.

Which One of the Following Statements Is Accurate